CODE OF CONDUCT FOR BUSINESS PARTNERS
WE CONSIDER THE PROVISIONS OF THIS CODE OF CONDUCT TO BE INCORPORATED INTO EVERY CONTRACT AND/OR PURCHASE ORDER WE ENTER INTO WITH A BUSINESS PARTNER.
Myron Corp., Adler Europe Holding and their subsidiaries and affiliates are dedicated to conducting their operations throughout the world on principles of ethical business practice and recognition of the dignity of workers. We expect our business partners to respect and adhere to the same standards in the operation of their business, and we will utilize these criteria to evaluate our relationships with customers and suppliers.
WAGES/BENEFITS/WORKING HOURS. Our business partners must comply with all laws regulating local wages, work hours and benefits. Wage and benefit policies must be consistent with prevailing national standards, and also be acceptable under a broader international understanding as to the basic needs of workers and their families. We will not work with companies whose wage structure violates local law or prevailing industry practice.
CHILD LABOR. Our business partners must not use child labor, defined as school age children. Our business partners will not employ workers under the age of 16. This provision extends to all partner facilities.
HEALTH & SAFETY. Our business partners must ensure that their workers are provided a safe and healthy work environment, and are not subject to unsanitary or hazardous conditions.
FREEDOM OF ASSOCIATION. Our business partners should respect the legal rights of employees to freely and without harassment participate in worker organizations of their choice.
PRISON OR FORCED LABOR. Our business partners will not work with or arrange for purchase of any materials from business partners who utilize prison or forced labor in any stage of the manufacture of our products.
DISCIPLINARY PRACTICES. Our business partners will not employ or conduct any business activity with partners who employ any form of physical or mental coercion or punishment against workers.
DISCRIMINATION. Our business partners will not practice nor do business with business partners who practice any form of improper discrimination in hiring and employment, including on the basis of age, race, color, gender, or religion.
ENVIRONMENT. Our business partners must embrace a fundamental concern for environmental protection and conduct their operations consistent with both local and internationally recognized environmental practices.
LEGAL REQUIREMENTS. Our business relationship must be built on a mutual respect for and adherence to legal requirements. Our business partners will observe both local and applicable international standards.
ETHICAL STANDARDS. We intend to conduct all our business in a manner consistent with the highest ethical standards, and we will seek and utilize partners who will do likewise, as this contributes directly to our corporate reputation and the collective success of our organization and selected business partners.
SUBCONTRACTING. Our business partners may subcontract all or any part of the work on our products, unless we expressly direct otherwise. All subcontractors are expected to adhere to this Code of Conduct.
CONFLICTS OF INTEREST. Our business partners may not give or offer our employees, agents or subagents anything of value in an attempt to improperly influence a business transaction, excluding normal and customary business meals and entertainment, and may not bribe the officials of any government or administrative authority to benefit us or our business.
IMPLEMENTATION. We will apply these criteria in all business partner determinations, and will continue to implement these policies in the conduct of all activities. This will include our business partners sharing information on production facilities and procedures, with the objective of improving our collective service to customers in a responsible manner. Failure by a business partner to meet these standards, will result in our taking appropriate actions, up to and including cancellation of existing purchase orders and/or termination of the business partner relationship.